How the Data From Three US Rating Agencies Control the World’s Economy

Is it governments that curb the economy ? Banks , perhaps ? Or maybe even the hoi polloi ? Nope , in fact , it ’s paygrade agency — and the there are three in the US that practically ascertain the entire saving .

These agencies rate everything — organizations , company , currency — and gives it a scotch . The knock - on effect is that bad paygrade — which can sometime be fairly arbitrary — have a massive effect on national economies . In this talk , Annette Heuser explains why military rating office are a trouble — and how it can change . [ TED ]

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